MMFL

M M Forgings Share PriceM M Forgings

₹838.00
-7.75 (-0.92%)
As on 30 March, 2023 | 14:23 BSE: 522241 NSE: MMFL

M M Forgings Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

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M M Forgings Share Price

  • Over 1 Month 0.15%
  • Over 3 Month 0.79%
  • Over 6 Month 4.72%
  • Over 1 Year 2.6%

M M Forgings Key Statistics

P/E Ratio 16.1
PEG Ratio 1.4
Market Cap Cr 2,023
Price to Book Ratio 3.6
EPS 38
Dividend 0.7
Relative Strength Index 48.67
Money Flow Index 48.08
MACD Signal -0.94
Average True Range 25.67

M M Forgings Investment Rating

  • Master Rating:
  • M M Forgings has an operating revenue of Rs. 1,389.98 Cr. on a trailing 12-month basis. An annual revenue growth of 43% is outstanding, Pre-tax margin of 11% is healthy, ROE of 16% is good. The company has a debt to equity of 63%, which is bit higher. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. It is currently FORMING a base in its weekly chart and is trading around 18% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 83 which is a GOOD score indicating consistency in earnings, a RS Rating of 64 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 30 indicates it belongs to a strong industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

M M Forgings Financials
IndicatorDec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 360342327314
Operating Expenses Qtr Cr 295280272260
Operating Profit Qtr Cr 66625553
Depreciation Qtr Cr 17171615
Interest Qtr Cr 8776
Tax Qtr Cr 1311109
Net Profit Qtr Cr 34323029

M M Forgings Technicals

EMA & SMA

Current Price
₹838.
-7.75 (-0.92%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • 844.8
  • 50 Day
  • 845.97
  • 100 Day
  • 846.63
  • 200 Day
  • 840.3
  • 20 Day
  • 842.88
  • 50 Day
  • 849.52
  • 100 Day
  • 847.14
  • 200 Day
  • 856.69

M M Forgings Resistance and Support

PIVOT
₹841.62
Resistance
First Resistance 854.24
Second Resistance 862.72
Third Resistance 875.34
RSI 48.67
MFI 48.08
MACD Single Line -0.94
MACD -0.27
Support
First Resistance 833.14
Second Resistance 820.52
Third Resistance 812.04

M M Forgings Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 11,793 695,433 58.97
Week 7,234 489,801 67.71
1 Month 12,614 868,118 68.82
6 Month 24,628 1,573,946 63.91

M M Forgings Result Highlights

M M Forgings Synopsis

NSE-Steel-Producers

M M Forgings Ltd. is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company’s Total Operating Revenue is Rs. 1104.64 Cr. and Equity Capital is Rs. 24.14 Cr. for the Year ended 31/03/2022. M M Forgings Ltd. is a Public Limited Listed company incorporated on 21/02/1946 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L51102TN1946PLC001473 and registration number is 001473.
Market Cap 2,030
Sales 1,344
Shares in Float 1.06
No of funds 35
Yield 0.71
Book Value 3.51
U/D Vol ratio 1.4
LTDebt / Equity 60
Alpha 0.02
Beta 0.85

M M Forgings

Owner NameDec-22Sep-22Jun-22Mar-22
Promoters 56.34%56.34%56.34%
Mutual Funds 16.44%16.11%17.59%
Foreign Portfolio Investors 1.16%0.91%0.82%
Individual Investors 22.16%22.7%21.63%
Others 3.9%3.94%3.62%

M M Forgings Management

Name Designation
Mr. N Srinivasan Chairman
Mr. Vidyashankar Krishnan Vice Chairman & Mng.Director
Mr. K Venkatramanan Joint Managing Director
Mr. V Vaidyanathan Director
Mr. A Gopalakrishnan Director
Mrs. Kavitha Vijay Director
Mrs. Sumita Vidyashankar Director

M M Forgings Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

M M Forgings MF Shareholding

Name Amount(cr)
HDFC Hybrid Equity Fund Growth 18730
HSBC Small Cap Fund Fund Regular Growth 8672
Franklin India Smaller Companies Fund Growth 7309
HDFC Multi Cap Fund Regular Growth 5790
Tata Small Cap Fund Regular Growth 3301

M M Forgings FAQs

What is Share Price of M M Forgings ?

M M Forgings share price is ₹838 As on 30 March, 2023 | 14:09

What is the Market Cap of M M Forgings ?

The Market Cap of M M Forgings is ₹2023 Cr As on 30 March, 2023 | 14:09

What is the P/E ratio of M M Forgings ?

The P/E ratio of M M Forgings is 16.1 As on 30 March, 2023 | 14:09

What is the PB ratio of M M Forgings ?

The PB ratio of M M Forgings is 3.6 As on 30 March, 2023 | 14:09

Q2FY23

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